Apple reclaims top spot, surpassing Nvidia by $20 billion
Apple's market value reached $4.88tn on Friday, while Nvidia fell to about $4.86tn after its shares dropped 3.5%. Investors are looking beyond the biggest AI chipmakers, and Apple returned to the top for the first time since April last year after upgrading Siri. Nvidia remains a major AI player, and analysts say it could regain first place if investor sentiment changes.
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